None of Nvidia's (NVDA) competitors will be able to develop more popular AI chips than NVDA, Ivan Feinseth, the Senior Partner and Chief Investment Officer (CIO) of Tigress Financial Partners told Schwab Network recently.
Feinseth added that he also remains bullish on Meta (META), Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT), largely due to the strength of the AI Revolution.
NVDA Will Stay Ahead of the Competition, Feinseth Says
Nvidia's current AI chips are always "way ahead "of the new offerings of its competitors, such as AMD (AMD) and Huawei, Feinseth said. Nvidia "is so far ahead of everyone else," he added.
Companies will keep using Nvidia's AI chips because they fear that if they do not do so, they will lose ground to their competitors, according to the longtime investor. Moreover, Big Tech firms have the resources to keep buying Nvidia's top-notch chips, Feinseth stated.
Why Feinseth Is Bullish on the Market and Big Tech
According to the CIO, we are in the midst of a "multidecade...AI investment theme." Consequently, "trillions of dollars will be invested in AI, data centers, and data-center infratructure over the next several years," providing a powerful stimulus to the economy.
Further, the economy is likely to get a boost in the near-to-medium term from an interest rate cut by the Federal Reserve, Feinseth contended.
While we acknowledge the potential of NVDA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: The author owns shares of AMZN but has no plans to trade them in the next 48 hours. This article is originally published at Insider Monkey.